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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: SliderOnTheBlack who wrote (24305)6/17/1998 2:22:00 PM
From: pz  Read Replies (1) | Respond to of 95453
 
FWIW...the company I work with shut in 40 stripper wells today. This is happening all over this area. These wells are just not economical at these prices and if these low prices continue, then these wells will be plugged. :o(

Paul



To: SliderOnTheBlack who wrote (24305)6/17/1998 4:31:00 PM
From: JZGalt  Respond to of 95453
 
Any comments on why FGII is ''light'' on the move up today ?

CDG leads the market up (and down) and FGII lags the market (up and down). No cause for alarm just because it didn't follow in lock step.